Qualification for a small or medium sized company

Qualification applies if two or more of the following criteria are met in the current and preceding year:

Type of Company Qualification Requirements Not More Than
Small company - Turnover £5.6m
Balance sheet total £2.8m
Number of employees 50
Medium sized company Turnover £22.8m
Balance sheet total £11.4m
Number of employees 250
Small group Aggregate turnover £6.5m net or £7.8m gross
Balance sheet total £3.26m net or £3.9m gross
Number of employees 50
Medium sized group Aggregate Turnover £22.8m or £27.36m gross
Aggregste balance sheet total £11.4m or £13.68m gross
Aggregate number of employees 250